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A firm is considering a one-time sale of $100,000 to a customer. The cost of goods sold for this sale is $86,500. If the probability
A firm is considering a one-time sale of $100,000 to a customer. The cost of goods sold for this sale is $86,500. If the probability of the customer paying is 0.85, what is the expected profit from this transaction? Multiple Choice -1,500 O +$1,500 O +$11,475 O 0
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